Instead, what I do is first get the good deal, then worry about finding the cash buyer.

Wholesaler: “Hi, I’m a wholesaler, if I find a good deal will you buy it?”Ĭash Buyer: “Sure, call me when you get a good deal.” The fear is – “I can’t get a deal unless I first have a list of buyers.” They end up spending a lot of time finding and talking to cash buyers in an attempt to build a cash buyer list. They try and build a cash buyer list first, then find a deal second. Most new wholesalers actually do the opposite. My rule of thumb when wholesaling is…Get the deal first, then find the cash buyer. I have found that I usually can find a cash buyer for my wholesale deal from following this one technique. Please contact me ASAP to discuss details.” I have a contract to purchase a similar property nearby that you may be interested in at _ (address of your wholesale deal). “Hi, I noticed that you recently bought an investment property at _ (address of property they recently bought with cash). Once you know who the owners of record are, you will need to contact them and basically say. This is accessed through public record which again, is usually accessible through the MLS.

Next, you’ll need to contact the owners of record for each of those properties. The MLS will generate a list of properties that meet that specific criteria. Most MLS systems allow you to search sold transactions that were purchased with “cash.” So you would simply do a 1 mile radius search from your wholesale deal of all properties that sold during the last 12 months that paid cash. So, how do you acquire this highly targeted list of cash buyers? On the Multiple Listing Service (MLS). Think about it…Who better to wholesale your deal to then an active investor (bought recently), local to your deal (their ideal market) that paid cash! Bought a property with cash (aka 'cash buyer').Bought a property in the same market as your wholesale deal (within 1 mile).Bought a property recently (within the last 12 months).The Best Way to Find Cash Buyers Ever wonder about the best way to find cash buyers when you’re wholesaling? In this article, I want to share with you one of my number one tips for quickly and easily finding the most ideal cash buyers that you can wholesale your deals to.Īfter wholesaling hundreds of deals over the years, I have found that the very best cash buyer for a deal is an investor who.

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